Examining the Future: SiteOne Landscape Supply's Earnings Outlook

SiteOne Landscape Supply (NYSE:SITE) is set to give its latest quarterly earnings report on Wednesday, 2024-10-30. Here's what investors need to know before the announcement.

Analysts estimate that SiteOne Landscape Supply will report an earnings per share (EPS) of $1.17.

Anticipation surrounds SiteOne Landscape Supply's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Past Earnings Performance

Last quarter the company beat EPS by $0.01, which was followed by a 4.83% drop in the share price the next day.

Here's a look at SiteOne Landscape Supply's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

2.62

-0.26

-0.19

1.44

EPS Actual

2.63

-0.43

-0.08

1.25

Price Change %

-5.0%

5.0%

1.0%

4.0%

Analysts' Perspectives on SiteOne Landscape Supply

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on SiteOne Landscape Supply.

Analysts have given SiteOne Landscape Supply a total of 6 ratings, with the consensus rating being Neutral. The average one-year price target is $159.33, indicating a potential 9.41% upside.

Comparing Ratings with Peers

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